Xencor (XNCR) Tax Rate (2016 - 2026)
Xencor's (XNCR) quarterly Tax Rate came in at 0.23% in Q1 2026, up 60.0% year-on-year from 0.15% in Q1 2025, and up 99.58% on a QoQ basis from 55.95% in Q4 2025.
Xencor (XNCR) Tax Rate (2016 - 2026) Analysis & Trends
Xencor (XNCR) has 8 years of Tax Rate data on file, last reported at 0.23% in Q1 2026.
- On a quarterly basis, Tax Rate rose 60.0% year-over-year to 0.23% in Q1 2026; TTM through Mar 2026 was 1.43%, a 47.0% decrease from a year earlier, with the FY2025 full-year figure at 2.79%, down 211.0% from the prior year.
- Tax Rate for Q1 2026 stood at 0.23%, up from 55.95% in the prior quarter.
- Over the last five years, Tax Rate for XNCR reached as high as 3.33% in Q4 2022 and fell as low as 108.02% in Q4 2023.
- Historically, Tax Rate has averaged 20.99% across 5 years, with a median of 2.13% in 2022.
- Across the five-year window, Tax Rate plunged 11135 bps in 2023 and soared 10439 bps in 2024, its largest moves.
- Year by year, Tax Rate stood at 3.33% in 2022, then sank by 3342 bps to 108.02% in 2023, then surged by 97 bps to 3.63% in 2024, then sank by 1443 bps to 55.95% in 2025, then surged by 100 bps to 0.23% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 0.23% in Q1 2026, 55.95% in Q4 2025, and 0.8% in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Oculis Holding AG | 67,072.09 Bn | 67,072.09 Bn | - | -0.34 |
| 2 | Nanobiotix | 1,894.61 Bn | 1,894.55 Bn | - | - |
| 3 | Akari Therapeutics | 1,014.18 Bn | 1,014.18 Bn | - | 5.61 |
| 4 | BeOne Medicines | 471.64 Bn | 466.85 Bn | 1.35 Bn | 12.29 |
| 5 | Vertex Pharmaceuticals | 121.72 Bn | 114.47 Bn | 2.59 Bn | 17.68 |
| 6 | Regeneron Pharmaceuticals | 68.28 Bn | 59.52 Bn | 3.31 Bn | 12.51 |
| 7 | Belite Bio | 61.40 Bn | 61.40 Bn | - | - |
| 8 | Argenx Se | 56.94 Bn | 56.94 Bn | 1.18 Bn | -13.70 |
| 9 | Revolution Medicines | 37.37 Bn | 37.37 Bn | - | - |
| 10 | Xencor | 1.47 Bn | 1.09 Bn | - | -0.23 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -0.23 |
| Mar 31, 2026 | -0.23 |
| Mar 31, 2026 | -0.23 |
| Dec 31, 2025 | -55.95 |
| Dec 31, 2025 | -55.95 |
| Dec 31, 2025 | -55.95 |
| Jun 30, 2025 | 0.80 |
| Jun 30, 2025 | 0.80 |
| Jun 30, 2025 | 0.80 |
| Mar 31, 2025 | -0.83 |
| Mar 31, 2025 | -0.83 |
| Mar 31, 2025 | -0.83 |
| Dec 31, 2024 | -3.63 |
| Dec 31, 2024 | -3.63 |
| Dec 31, 2024 | -3.63 |
| Dec 31, 2023 | -108.02 |
| Dec 31, 2023 | -108.02 |
| Dec 31, 2023 | -108.02 |
| Dec 31, 2022 | 3.33 |
| Dec 31, 2022 | 3.33 |